Plains Area Mental Health Inc
Analysis
Plains Area Mental Health Inc is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in December 1976, 50 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Plains Area Mental Health Inc reported income of $12.5m and spending of $12.8m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.8m to $12.5m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plains Area Mental Health Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Heat and Warmth Fund ($12.5m), The Independence Fund Inc ($12.5m) and Habitat for Humanity International Inc ($12.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $5.8m against liabilities of $2.1m, net assets of $3.7m. It reported 188 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heat and Warmth Fund | Detroit | $12.5m |
| The Independence Fund Inc | Charlotte | $12.5m |
| Habitat for Humanity International Inc | Sacramento | $12.5m |
| Rock Creek Foundation for Mental Health Inc | Silver Spring | $12.5m |